Megafund Corp. and Sardaukar Holdings, IBC
RECEIVERSHIP WEB SITE
Lawsuits
Civil Action No. 3:06-CV-0299
Michael J. Quilling, Receiver for Megafund Corporation and Lancorp Financial Group LLC v. Kenneth Wayne Humphries, Defendant

General Information/ Current Status:

This is a lawsuit to recover fraudulent transfers totaling $19,000.00 and damages for legal malpractice in excess of $9,000,000.00 from an attorney acting as counsel for Megafund. On February 16, 2006 the Receiver filed a Complaint. On February 23, 2006 the Court filed a Scheduling Order. On February 24, 2006 the Court entered an Order Regarding Judge Buchmeyer's Scheduling Order. On March 28, 2006 the Defendant filed his Response to Receiver's Original Complaint (and Counterclaim). On April 12, 2006 the Receiver filed his Reply to Defendant's Counterclaim.

On July 7, 2006 the Receiver filed his Motion for Partial Summary Judgment. On August 14, 2006 the Court issued its Findings and Recommendation. On September 19, 2006 the Defendant filed his Exceptions to the Findings and Recommendation. On September 21, 2006 the Receiver filed his Response Regarding the Findings and Recommendations. On October 13, 2006 the Court issued its Memorandum Opinion and Order granting summary judgment against the Defendant for all amounts requested in the Reciever's Complaint. On December 8, 2006 the Court entered an Interlocutory Judgment against the Defendnant.

On March 19, 2007 the Receiver filed his Motion for Show Cause Order and Brief in Support. On March 20, 2007 the Court entered its Show Cause Order.

On April 13, 2007 the Court entered its Order directing the parties to file a Motion to Approve Settlement Agreement by April 27, 2007. On May 22, 2007 the Court entered its Order directing the parties to file an Agreed Order finalizing the Receiver's judgment by May 29, 2007. On May 29, 2007 the parties filed their Stipulation Dismissing Defendant's Counterclaim and Finalizing Interlocutory Judgment. On May 30, 2007 the Court entered its Final Judgment.

Docket Sheet:
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Important Documents:
LAST UPDATE:
June 20, 2007

Important documents, including relevant pleadings and orders.
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Item #
Date
Filed/ Sent or Signed
Document
1
02-16-06
Complaint
2
02-23-06
Scheduling Order
3
02-24-06
Order Regarding Judge Buchmeyer's Scheduling Order
4
03-24-06
Joint Status Report
5
03-28-06
Defendant's Response to Receiver's Original Complaint (and Counterclaim)
6
04-12-06
Plaintiff's Designation of Experts
7
04-12-06
Reply to Defendant's Counterclaim
8
04-13-06
Plaintiff's Amended Designation of Experts
9
04-14-06
Standing Order Designating Case for Enrollment in the Electronic Case Files "ECF" System
10
04-26-06
Order (Transferring Case to Judge Lindsay)
11
05-18-06
Standing Order of Reference
12
05-22-06
Order Setting Status Conference
13
05-22-06
Standing Order on Nondispositive Motions
14
06-02-06
Order (re: Schedule for Settlement or Dispositive Motion)
15
07-07-06
Plaintiff's Motion for Partial Summary Judgment - Brief in Support
16
07-10-06
Order (re: Summary Judgment Briefing Schedule)
17
08-14-06
Findings and Recommendation of the United States Magistrate Judge (re: Motion for Partial Summary Judgment)
18
09-07-06
Defendant's Motion for an Enlargement of Time in Which to File a Response to the Plaintiff's Motion for Partial Summary Judgment
19
09-08-06
Memorandum Order (Denying Defendant's Motion for an Enlargement of Time)
20
09-19-06
Defendant's Exceptions to the Findings and Recommendations of the U.S. Magistrate Judge
21
09-21-06
Plaintiff's Response Regarding the Findings and Recommendation of the U.S. Magistrate Judge
22
10-13-06
Order granting Plaintiff's Motion for Summary Judgment
23
10-18-06
Order (re: schedule for submitting a Joint Status Report or Stipulation of Dismissal)
24
11-01-06
Motion to Approve Agreed Order Expanding the Deadline for Preparing a Stipulation of Dismissal and Proposed Final Judgment
25
11-02-06
Agreed Order Expanding Deadlines
26
11-15-06
Motion for Court Order Dismissing Plaintiff's Remaining Claims
27
11-16-06
Joint Status Report
28
11-17-06
Order (re: the Receiver's Motion to Dismiss his Remaining Claims
29
11-17-06
Abbreviated Scheduling Order
30
12-08-06
Interlocutory Judgment
31
03-19-07
Motion for Show Cause Order and Brief in Support
32
03-20-07
Show Cause Order
33
04-13-07
Order (directing parties to file motion to approve settlement agreement)
34
05-22-07
Order (re: settling the case)
35
05-29-07
Stipulation Dismissing Defendant's Counterclaim and Finalizing Interlocutory Judgment
36
05-30-07
Final Judgment